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The Paradox of Thrift: How a Better Savings Rate is Fueling the Recession by David Fessler , Advisory Panelist We’ve all heard this from our parents: “Spend what’s left after saving, instead of saving what’s left after spending.” Or perhaps this was drummed into your head: “Always save for a rainy day.” The idea of saving didn’t just start with our parents’ generation, however. Ben Franklin was giving advice on saving way back in 1732 in Poor Richard’s Almanac: “If you would b |